KS HB2298 | 2025-2026 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on February 5 2025 - 25% progression
Action: 2025-02-05 - House Referred to Committee on Financial Institutions and Pensions
Pending: House Financial Institutions and Pensions Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Transferring $1,000,000,000 from the budget stabilization fund to the liability reduction fund of KPERS, using a portion of the interest earnings of the liability reduction fund to provide a 2% COLA for retirants who have been retired for more than 5 years, transferring annually certain amounts from the state general fund to the budget stabilization fund and establishing requirements for the expenditure or transfer of moneys from the budget stabilization fund.

Tracking Information

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Title

Transferring $1,000,000,000 from the budget stabilization fund to the liability reduction fund of KPERS, using a portion of the interest earnings of the liability reduction fund to provide a 2% COLA for retirants who have been retired for more than 5 years, transferring annually certain amounts from the state general fund to the budget stabilization fund and establishing requirements for the expenditure or transfer of moneys from the budget stabilization fund.

Sponsors


History

DateChamberAction
2025-02-05HouseHouse Referred to Committee on Financial Institutions and Pensions
2025-02-05HouseHouse Introduced

Kansas State Sources


Bill Comments

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